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News & Insights
Blog: The Welsh PRS as we enter 2021
It's been a year like no other, but that has not stopped the landscape of the Welsh private rented sector (PRS) from changing dramatically. Across 2020 the NRLA has been working hard in the interests of its members and all good landlords across Wales. Here we take a look at all the changes that have taken place and the work the NRLA has done to help shape policy.
More than half landlords lose rental income due to Covid-19
More than half of private landlords have lost rental income as a result of the COVID-19 pandemic, according to new research published today. A third of landlords have also indicated that they were now more likely to either leave the market entirely or sell some of their properties.
Expert predictions as the new year approaches
It's fair to say most of us will be glad to see the back of 2020. However, a vaccine being rolled out and more on the horizon, the new year, for many, represents a new start and the hope of better things to come. While it is difficult to make predictions at any time, in the midst of a global pandemic, it's almost impossible. But with the new year just a couple of weeks away we have asked industry experts what they expect to see happen in the sector in 2021.
Rental homes could be lost without energy efficiency cash
Vital rental homes could be lost if ambitious new energy efficiency rules are brought in by the Government, the NRLA has warned. While the association backs plans to reduce carbon in homes and improve energy efficiency in the sector, it says landlords will need support or they could take properties off the rental market altogether. It is now asking for a financial package for those landlords facing the biggest challenges.
COVID Rent Arrears Crisis
This piece looks at new research carried out for the NRLA by Dynata. More than 2,077 private renters in England and Wales were surveyed between 17th November and 9th December 2020.